Programme overview

Upcoming intake: September 2021 (under registration and open for application soon)
Duration: 2 years
Study format: Part-time (blended learning)
Fee: £19,500 (scholarships available)
Workshop locations: Hong Kong and Singapore
Assessment: 2 assignments (individual and/or group) per module/course (*NO exams*)
Prerequisite: A finance background is NOT required

The programme will equip you with the financial acumen you need to succeed and solve business challenges in any sector. Whatever function you work in, skills and knowledge in areas such as

  • corporate finance
  • financial markets
  • financial accounting

will build your credibility and ability to see the big picture for your organisation within a global context.

You will learn how to:

  • understand the interplay between well-functioning financial markets and successful companies
  • apply a full range of financial techniques to real-life business situations
  • describe, analyse and interpret financial data from markets and companies
  • search and gather relevant financial information from multiple sources, including companies' annual reports and financial databases
  • offer data-based solutions to complex and relevant business challenges, for example:
    • Evaluating the performance and riskiness of a company or an asset
    • Selecting valuable investment projects
    • Determining the type of capital a company should raise to fund investment
    • Analysing a company's financial strategy

Read Course Director, Professor Arif Khurshed's media interview >>


To learn more details, join our event or download our brochure

To apply, please download the application form.


Programme Features

Cutting-edge research

International powerhouse for Financial Technology (FinTech) research, teaching and innovation. Data Visualisation Observatory, the first of its kind in the UK, offers interactive 3D visualisation of data to visualising monetary flows and stock market behaviours in Fintech.

World recognized

The University of Manchester is ranked 27th (QS World University Ranking 2021). Alliance Manchester Business School’s Accounting and Finance Studies is ranked 21st globally (QS World Rankings 2020).

World-class Faculty

Taught by one of Europe’s most experienced Accounting and Finance teams, with access to some of the most extensive financial databases and learning material around. Dedicated to educating the next generation of analysts, managers, stakeholders, regulators, investors, and entrepreneurs.

Flexible study

Studying a flexible course means you can learn while you continue to work and apply the skills and knowledge you learn immediately to solve your day-to-day business challenges in finance.

2 Financial hubs

Learning in Asia’s most important and premier financial hubs (Hong Kong & Singapore).

Face-to-face workshops

Meet and network with industry peers and global experts during workshops, held over six days, twice each year at our prestigious Hong Kong and Singapore campuses (virtual tour).

Practical

Designed for executives who require a better understanding of the financial impact of strategic business decisions (case-based learning).

Holistic & well-rounded curriculum

Professional and Personal Development activities enable easy access to hands on examples, e.g. Fintech - Blockchain, AI, Big Data, Virtual Banking etc., Compliance - Risk Management, Forensic, Crowdfunding/Finance startup and growth of new ventures, industry trends etc.).

Career support

Consultants are committed to supporting your journey towards a rewarding graduate destination. Some of our career services include fine tuning your CV/rèsumè, developing your interview skills, individual career counseling, career workshops and mentorship matching. Our support continues throughout your time with us and after you graduate.

Alumni and networking

Join the ranks of our senior management and C-Suites working in top financial institutions across the globe. When you join our MSc Financial Management programme, you become part of an extensive network of the 60,000 Alliance Manchester Business School alumni across 176 countries worldwide.

Curriculum

This programme includes 10 core courses and 1 group project

10 core courses

1. Foundations of accounting

  • Introduction to accounting (workshop exemption for CPA/CFA holders or professionals with equivalent qualification)
  • Accounting conventions and techniques to support organisational decision-making
  • Foundations and principles of management and financial accounting

2. Foundations of finance

  • Introduction to finance
  • Time value of money and asset valuation
  • Cost of capital and capital budgeting techniques

3. Corporate finance

  • Introduction to corporate finance
  • Cost of capital estimation and advanced capital budgeting techniques
  • The choice between equity capital and debt capital

4. Global financial markets and institutions

  • Overview of the global financial system
  • Banking and financial regulation, investment banking and private equity
  • Risk management and hedging strategies

5. Data analysis and statistical techniques

  • Basic econometric tools to estimate relationships between variables
  • Formulation of empirical hypotheses to be tested
  • Interpretation of results from statistical and econometric outputs

6. Financial statement analysis

  • Strengths, limitations and developments in contemporary financial reporting
  • Interpretation and assessment of firm performance
  • Credit and debt analysis to predict the likelihood of financial distress

7. International financial management

  • Principles underlying financial decision-making by multinational corporations
  • Foreign direct investment decisions, exchange risk and hedging techniques
  • Political risk measurement and management

8. Quantitative methods for financial management

  • Sophisticated statistical tools for finance practitioners
  • Analysis and forecasts of time series data
  • Empirical interactions between stock returns, exchange rates and other variables

9. Venture capital and private equity

  • Introduction to venture capital and private equity
  • Fund raising activities by private equity investors
  • Identification of capital investment opportunities and capital allocation, and management of investments to maximise returns

10. Business models and financial strategy

  • Evaluation of alternative business models to create and capture value
  • Short- and long-term financial decisions over the lifecycle of the firm
  • Fintech and other innovative sources of finance

1 group project

Group research project

  • Identification of topic to study and formulation of plan to collect information and data on the topic
  • Selection of suitable methods and analysis of information
  • Dissemination of the results of the study

Assessment

2 assignments (individual and/or group) per module/course (*NO exams*)


Click here to view the programme structure >>


The above information is correct at time of publication (July 2020) but subject to change

Faculty

Recognized as some of Europe’s most experienced Accounting and Finance teams, our academics are global thought leaders and exceptional teachers who are committed to your professional development. Our faculty members have published papers in leading scholarly journals, received recognition for teaching & research excellence, act as consultants to large corporations, and serve as inspirational teachers and mentors.

Dr Amedeo De Cesari
Course Director, MSc Financial Management

Dr Amedeo De Cesari’s research lies in the areas of corporate finance and corporate governance with a particular focus on dividend payments, stock repurchases, etc. His research papers have been published in reputable international journals such as the Journal of Corporate Finance. He has also acted as an ad-hoc reviewer for several reputable journals including the Financial Review and the Journal of Business.

Professor Arif Khurshed
Professor of Finance, Alliance Manchester Business School

Prof. Arif Khurshed is on the editorial board of the British Accounting Review and is an academic member of the International Valuation Standards Council. Arif have been an external consultant to the UK Financial Conduct Authority (formerly FSA) and the British Venture Capital Association.

Dr Julian Jones
Lecturer in Accounting & Finance, Alliance Manchester Business School

Dr Julian Jones worked with over 400 CFOs, advising them on a range of challenges from instilling cost discipline, M&A value capture, finance transformation and managing in a crisis. He is focused on influencing the pedagogy of accounting education. He constructs innovative ways of providing formative feedback to large classes.

Dr Paul Simpson
Senior Lecturer in Finance, Alliance Manchester Business School

Prior to joining Alliance Manchester Business School, Dr Paul Simpson held positions at the University of Stirling and UMIST. He currently teaches modules on Mergers and Acquisitions for both the MSc in Accounting and Finance and MBA courses.

Ms Patricia Perlman
Senior Lecturer in Finance, Alliance Manchester Business School

Ms Patricia Perlman has extensive experience in the finance sector including derivatives and wealth management where she has worked for over 11 years in large financial corporations such as Citigroup, JP Morgan, Nomura and Barclays in Manchester, London and New York.

Professor Brahim Saadouni
Senior Lecturer in Finance, Alliance Manchester Business School

Prior to joining Alliance Manchester Business School, Prof. Brahim Saadouni worked at the University of Hull (1991–1999) where he held the position of the Head of the School of Accounting, Business & Finance, and Director of the Centre for International Capital Markets Research. He has extensive teaching experience both in the UK and overseas.

Admissions

Who should apply?

  • Have NO finance experience and seek a career change into the financial services sector
  • Need to build more substantial skills and knowledge in finance to step into a management-level role (in any sector)
  • Are looking to build on existing finance experience to progress your career in financial services (or a related industry)

Academic entry qualification overview:

  • Normally, a 1st or 2:1 UK bachelor’s honours degree or a master’s degree (or international equivalent) from an institution recognised by the UK National Recognition Information Centre (NARIC).
  • We will consider candidates with a 2:2 who have at least one year of relevant professional experience and demonstrate their suitability and motivation for this course.
  • We welcome degrees from any academic discipline if you can demonstrate good numeracy and quantitative ability.

English language requirements:

  • IELTS: 6.5 overall with 6.0 in listening, writing, reading and speaking
  • TOEFL (iBT): 90 overall with 20 in listening, writing, reading and speaking

English Test Exemptions

As an alternative to taking an English Language Test, we can consider one or a combination of the following.

  • you have successfully completed a degree level qualification (recognised by UK NARIC as equivalent to a UK bachelor’s degree or higher), which was fully taught in English,
  • English is the main business language in your place of work.

Contact us to find out more.

To apply, please download the application form.

£19,500 payable in 4 equal instalment payments before the start of each semester.

The fee covers your tuition. It does not cover your accommodation and flight costs when travelling to the face-to-face workshops in Hong Kong and Singapore (Travel allowance is available. For details, please check with our admissions team).

East Asia scholarships (up to £2000)

To ensure that we have a student cohort with extremely diverse backgrounds, industries and nationalities, this programme will offer various scholarships to selected applicants who are potential to contribute and enrich all aspects of this MSc programme and the diverse professional and cultural profile and experience of the class.

*Note: The scholarships are only available to candidates who are the residents in East Asia and register this programme at Hong Kong campus.

University of Manchester Alumni Bursary (15% discount)

If you have successfully graduated from a degree at the University of Manchester or UMIST, you can receive an alumni loyalty bursary, which is a 15% discount on the tuition fees that you are personally funding.

One-discount policy statement

We operate a one discount policy; discounts and scholarship are not accumulative. If you qualify for more than one discount or scholarship, you will be awarded the one that is the highest amount.

Travel allowance (£1000)

It is offered on first come first served basis to subsidize your accommodation and flight costs when travelling to the face-to-face workshops in Hong Kong and Singapore.

Seminars
Brochure